About:

The Daox Protocol is the new standard for all kinds of token sales that allows investors and startups deploy and interact via independent decentralized autonomous organizations (DAOs), enabling safety, efficiency, and decentralized decision making.

It is saving investor’s money in case the startup fails at early-stage (9 out of 10), making ICOs transparent, and strengthening the value of tokens on exchanges. And here is how:

How it Works?

ICOs and crowdfunding campaigns are easily launched using the Daox Protocol.

Each campaign then forms an Ethereum-based decentralized autonomous organization featuring its own ERC20 token.

Each DAO holds the raised funds and is managed by the transparent voting of its token holders.

One of the main principles is that all the collected funds are stored in a DAO instead of being at the disposal of a single individual. The funds are released based on withdrawal proposals submitted by the startup team. If investors (DAO token holders) of the startup are satisfied with the way the project unfolds, they approve such requests. (See other key features on Daox website).